Mahima Mehta asked 3 years ago
Sir as per ICAI Latest Study Material
“The Practice Unit shall select one out of the three Reviewers & intimate to the Board within
seven days of receipt of the names.”
But in your Chart of Peer Review you have mentioned it as 10 days.
Kindly clarify.
Ravi Staff answered 3 years ago
Yes there is little confusion with respect to number of days in which reviewer has to give consent to peer review board.
Lets see
As per
Statement on Peer Review it is 7 Days (In 2020 as well as 2014 edition)
As per chart give in Peer Review Manual it is 10 Days
Both things taken in ICAI study material
Page 17.14 says 7 days
chart on 17.20 says 10 days
I analysed complete statement and peer review manual it should be 7 days only. there is misprint by ICAI in peer review manual, which got printed in icai study material also. And Statement is more important then implementation manual.
In our charts also, we took it as 10 days as we believed on chart by ICAI. So guys it is 7 days.